Wirehouse Firms
Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
Morgan Stanley Says Its CEO Has Recovered From COVID-19
By Janet LevauxThe firm, which has some 15,500 financial advisors, will report its first-quarter 2020 earnings on Wednesday.
April 03, 2020
Small Businesses Hit Bumps When Applying for Stimulus LoansBill Sweet of Ritholtz Wealth compared the Paycheck Protection Program's rollout to "the small business Fyre Festival."
April 02, 2020
$900M Merrill Team Goes Indie With Raymond James: Recruiting RoundupMeanwhile, UBS picks up a $160 million Morgan Stanley advisor and a Merrill Lynch duo with $116 million.
March 31, 2020
BofA Pledges to Keep, Pay Staff in 2020The bank's CEO says it also added staff and is extending loans to keep businesses afloat.
March 31, 2020
FINRA Bars Ex-Morgan Stanley Rep Accused of Changing Client DocsThe advisor refused to cooperate with the regulator's investigation.
March 30, 2020
Quick Review of Wells Fargo's Latest DevelopmentsThe bank recently suspended a move tied to ending an account-fee waiver.
March 28, 2020
Morgan Stanley Gets Thumbs-Up on E-Trade Deal: ReportMeanwhile, Charles Schwab's plan to buy TD Ameritrade is still under investigation, according to Bloomberg.
March 27, 2020
Morgan Stanley Delays Change to Comp GridBut other planned changes, such as one tied to its small-household policy, will be instituted on May 1.